Reis (REIS) Receives Daily News Sentiment Score of 0.11

Media headlines about Reis (NASDAQ:REIS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Reis earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 46.6035070213298 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

REIS has been the subject of a number of recent research reports. Zacks Investment Research cut Reis from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 10th. ValuEngine cut Reis from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Canaccord Genuity reiterated a “hold” rating on shares of Reis in a research note on Sunday. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $23.33.

Reis (NASDAQ:REIS) traded down $0.25 during trading on Wednesday, hitting $21.85. The company’s stock had a trading volume of 3,525 shares, compared to its average volume of 16,420. The company has a market cap of $253.38, a price-to-earnings ratio of -78.21 and a beta of 1.14. Reis has a twelve month low of $15.95 and a twelve month high of $22.35.

Reis (NASDAQ:REIS) last posted its earnings results on Thursday, March 8th. The business services provider reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.01). The business had revenue of $12.26 million during the quarter, compared to the consensus estimate of $12.40 million. Reis had a positive return on equity of 2.06% and a negative net margin of 6.55%. research analysts predict that Reis will post 0.26 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 14th. Shareholders of record on Wednesday, March 7th will be issued a $0.19 dividend. This is a positive change from Reis’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, March 6th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.48%. Reis’s dividend payout ratio (DPR) is presently -271.42%.

In related news, COO William Sander sold 2,926 shares of Reis stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $17.74, for a total value of $51,907.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Mark P. Cantaluppi sold 1,531 shares of Reis stock in a transaction on Monday, February 12th. The stock was sold at an average price of $18.68, for a total value of $28,599.08. The disclosure for this sale can be found here. In the last three months, insiders sold 33,785 shares of company stock valued at $624,486. Corporate insiders own 21.60% of the company’s stock.

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Reis Company Profile

Reis, Inc (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals, through its Reis Services subsidiary. The Company operates through Reis Services segment. It maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States.